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E-commerce platform, which raised the money from both existing and new investors, says it’ll use proceeds to fund continued expansion and enhance SME financing capabilities.
Tech giants Alibaba, Tencent and Baidu operate differently to most conglomerates which is why Moody’s looks at cashflow, not profit, when it comes to rating the companies
New economy corporations like Baidu, Ctrip and JD.com are all listed in the US through ADRs, but now they are on a list of potential CDRs.
CT spoke with DFS and Tencent to find out how treasurers are surfing the WeChat Pay phenomenon and why PSP settlement is giving the e-pay platform the edge
Certificates of deposits won't wow treasurers with returns like wealth-management products, but they are likely to be government-backed
Large Chinese corporates such as Tencent and Alibaba told CT they would consider investing in certificates of deposit, a cash instrument that China’s central bank made available to corporates last week.